SCOR successfully reopens its existing Swiss franc market perpetual subordinated notes placement by issuing an additional amount of CHF 225,000,000.
The first quarter 2011 was marked by a series of exceptionally serious natural catastrophes, with cyclones and floods in Australia, another earthquake in New Zealand in February, and the historic catastrophe in Japan
SCOR and AEGON have entered into a definitive agreement pursuant to which SCOR will acquire the mortality risk reinsurance business of Transamerica Re, a part of AEGON.
Availability of the documents relating to te 2011 combined general shareholders' meeting.
SCOR has entered into an agreement with the Nanyang Technological University (NTU) of Singapore to establish an Insurance Risk and Finance Research Centre at the Nanyang Business School (NBS).
Eric Sandrin is appointed Group General Counsel with effect from 14 March 2011, reporting to SCOR’s Chief Operating Officer.
SCOR has been working with the Japanese Market and dealing with its Japanese clients from the company and co-operative sectors since 1975.
SCOR’s 2010 Registration Document (“Document de Référence”) was filed with the French financial market authority, the Autorité des marchés financiers (AMF), on 8 March 2011.
SCOR continues to combine growth with profitability in 2010: net income of EUR 418 million (up 13% from 2009) and premium income of EUR 6.7 billion (up 5% from 2009).
SCOR is disposing of its US Fixed Annuity business through the sale of its subsidiary Investors Insurance Corporation (IIC) for USD 55 million.
On 21 December 2010, the Mexican Ministry of Finance granted SCOR Global Life SE a licence to set up a representative office in Mexico, under the name of SCOR Global Life SE Oficina de Representación en Mexico.